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![]() CMKX ... VI ... The Saga Continues (Page 8)
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| Author | Topic: CMKX ... VI ... The Saga Continues |
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glassman Member |
ok...reading the SGGM venture..... 200 billion shares of a comapany with a .10 PPS looks nice.... BUT... the 60 day avge prices is only .0052$ and that is with a 60day avge volume of 11,388 shares..... these are more restricted shares...don't start counting your dollars just yet.... i hope the drilling pulls up some diamonds this time... IP: Logged |
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rde3 Member |
hmmmmm IP: Logged |
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glassman Member |
something else to ponder too, while you curse me for being the basher that i'm NOT.... this is MORE dilution of YOUR mineral holdings...the only thing you do own right now... IP: Logged |
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noahltl New Member |
Old news, but telling. Gold reserves located by St. George Metals - Alloying & Precious Metals Gold reserves located by St. George Metals NEW YORK -- St. George Metals Inc., Houston, said it has located new gold reserves at he previously worked Dean mine in Nevada. Announcement of the find would seem to run counter to a decision last month by Reynolds Metals Co., Richmond, Va., to pull out of a joint exploration program with St. George. Reynolds said it was terminating its joint-venture agreement because no proven gold reserves had been located. An idenpendent consulting firm recently identified one ore zone at the site as containing 6,300 tons of proven reserves grading 0.9 ounce of gold per ton on an average, the company said. St. George and Reynolds had been exploring the site for several years by means of bulk sampling and surface drilling. Underground work has included reopening old adits and reworking closed haulage drifts. The company said it is currently considering construction of a pilot ore processing facility at the property and is considering additional financing measures, including a search for a new partner. COPYRIGHT 1991 Reed Business Information [This message has been edited by noahltl (edited September 02, 2004).] IP: Logged |
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dwman Member |
Glass, I used to think you were a basher but not anymore. More than once you have shaken us back into the real world. Thanks. However, don't burst too many of our baloons. ![]() IP: Logged |
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glassman Member |
sorry if i came across too harsh... i really do want them to find diamonds.. IP: Logged |
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noahltl New Member |
New information at the drill site. Diamondiferous called by the drillers, not the geologist yet. IP: Logged |
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dwman Member |
quote: No apology necessary, glass. IP: Logged |
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noahltl New Member |
Info on SGGM: NEVADA SECRETARY OF STATE Company Name: ST. GEORGE METALS, INC. INDEX NUMBER 0000848626 Type: REGULAR (DOMESTIC) Status: ACTIVE (REINSTATED) Standing: CURRENTLY IN GOOD STANDING Status Date: 7/19/2004 Filing Date: 6/13/1984 Duration: PERPETUAL State or Country of Incorporation: NEVADA Purpose: ALL LEGAL ACTIVITIES; HAS NO GAMING Registered Agent: MARK GIEBELHAUS Registered Office: 1350 E FLAMINGO RD #688 Additional Information: HAS LIMITED LIABILITY Filing Number: C4070-1984 Annual Report: Date Due: 2005 Stock Information: Par Value: $ 0.001 Officers, Directors: MARK GIEBELHAUS R. ROSS BLUSSON History: File Date: 8/6/2004 File Date: 7/23/2004 File Date: 7/23/2004 File Date: 7/19/2004 File Date: 7/19/2004 File Date: 7/30/1993 File Date: 8/22/1991 File Date: 12/31/1990 File Date: 12/31/1990 File Date: 2/14/1989 File Date: 7/6/1987 File Date: 11/22/1985 File Date: 6/5/1985 IP: Logged |
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rde3 Member |
I see there are adjustments being made. Small transactions taking place by MM's IP: Logged |
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noahltl New Member |
Melvin just confirmed that UC is in Sask at the drill site. Wonder about Indy? IP: Logged |
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bill1352 Member |
ok i'm happy with the news but how does a stock give away 200 billion shares and move .05 on 350 thousand volume Quotes delayed 15 minutes Quick Quote IP: Logged |
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dwman Member |
[QUOTE]Originally posted by bill1352: [B]ok i'm happy with the news but how does a stock give away 200 billion shares and move .05 on 350 thousand volume I guess the MMs don't have their claws in this one yet. IP: Logged |
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tradingpennys Member |
Unfortunately, I think you're right glassman. ![]() This sucks!
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HarryHar Member |
To burst a bubble, it is incorrect to put value on 200 billion shares of restricted stock in GSSM stock according to it's PPS as today. When those 200 billion shares eventually become unrestricted, they total float of GSSM is will be a lot higher, and therefore the price will be a lot lower. Too many dividends, and not enough diamonds. Still waiting patiently though with close to 20M. Patience is the key here. IP: Logged |
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glassman Member |
my guess is that with all of the real DD being done now, UC and family will be drilling everywhere that makes sense.... IP: Logged |
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noahltl New Member |
LOOKIN GOOOOOOD !!!!!!!!!!!! 14:39:27 9000000 0.0004 + OTCEQ_NBB IP: Logged |
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osubucks30 Member |
I think this is the key line of the PR There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company. IP: Logged |
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tradingpennys Member |
I have always seen that and thought hmmm... I have never seen any other potencial mining companies state such a thing in thier PR's.
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rde3 Member |
Yeah, right............... Every PR that comes out about a stock has that disclaimer....... IP: Logged |
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tradingpennys Member |
They have a disclaimer but NOT like that!
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WWJD-thru-me Member |
GLassman wrote: ok...reading the SGGM venture..... 200 billion shares of a comapany with a .10 PPS looks nice.... BUT... the 60 day avge prices is only .0052$ and that is with a 60day avge volume of 11,388 shares..... these are more restricted shares...don't start counting your dollars just yet.... i hope the drilling pulls up some diamonds this time... Roger is putting something together ultimately. I don't know what it is but it may take selling part of our claims to get to a freely traded stock at a proper valuation. Part of that has to include CMKX disclosing much of what isn't public knowledge now. The other part will probably include a reason to use the element of surprise. Noah-I don't think UC will be at the races in Indy. You could avoid the hassle of travel over the weekend if that was your sole reason for going. IMO-DLTA-Debi IP: Logged |
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rde3 Member |
Well, Sorry,,,,,, They do all have a disclaimer or forward looking statement...... IP: Logged |
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rde3 Member |
hmmm, I show several minus buys, and then plus buys close to the minus' over 100 Million shares........ wonder what the MM's are doing ? anyone care to guess? IP: Logged |
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rde3 Member |
09/02/04 13:25:54 0.0003 0.0003 0.0003 9999999 09/02/04 13:26:56 0.0003 0.0003 0.0003 9999999 09/02/04 13:28:05 0.0003 0.0003 0.0003 -110043997 09/02/04 13:28:20 0.0003 0.0003 0.0003 625000 09/02/04 13:28:40 0.0003 0.0003 0.0003 625000 09/02/04 13:28:55 0.0003 0.0003 0.0003 625000 09/02/04 13:29:01 0.0003 0.0003 0.0003 109168997 09/02/04 13:29:02 0.0004 0.0004 0.0004 2499999 09/02/04 13:29:05 0.0004 0.0004 0.0004 -111418996 09/02/04 13:29:20 0.0004 0.0004 0.0004 249999 09/02/04 13:29:40 0.0004 0.0004 0.0004 250000 09/02/04 13:29:55 0.0004 0.0004 0.0004 250000 09/02/04 13:31:04 0.0003 0.0003 0.0003 113668997 09/02/04 13:31:10 0.0004 0.0004 0.0004 999999 09/02/04 13:31:12 0.0004 0.0004 0.0004 999999 09/02/04 13:31:20 0.0004 0.0004 0.0004 -112668997 09/02/04 13:31:40 0.0003 0.0003 0.0003 1500000 09/02/04 13:31:55 0.0004 0.0004 0.0004 1499999 09/02/04 13:33:05 0.0004 0.0004 0.0004 250000 09/02/04 13:33:20 0.0004 0.0004 0.0004 250000 09/02/04 13:33:34 0.0004 0.0004 0.0004 111168997 09/02/04 13:35:00 0.0004 0.0004 0.0004 1000000 09/02/04 13:36:36 0.0004 0.0004 0.0004 9000000 09/02/04 13:36:52 0.0004 0.0004 0.0004 200000 09/02/04 13:36:54 0.0004 0.0004 0.0004 1000000 09/02/04 13:38:18 0.0003 0.0003 0.0003 2000000 09/02/04 13:38:30 0.0004 0.0004 0.0004 999999 09/02/04 13:38:31 0.0004 0.0004 0.0004 1000000 09/02/04 13:39:30 0.0004 0.0004 0.0004 9000000 09/02/04 13:41:03 0.0004 0.0004 0.0004 250000 09/02/04 13:41:18 0.0004 0.0004 0.0004 999999 09/02/04 13:41:53 0.0003 0.0003 0.0003 1500000 09/02/04 13:41:54 0.0004 0.0004 0.0004 9001000 09/02/04 13:41:55 0.0004 0.0004 0.0004 5277475 09/02/04 13:42:17 0.0004 0.0004 0.0004 2000000 09/02/04 13:42:20 0.0004 0.0004 0.0004 -111168997 09/02/04 13:42:40 0.0004 0.0004 0.0004 250000 09/02/04 13:42:55 0.0004 0.0004 0.0004 250000 09/02/04 13:45:05 0.0004 0.0004 0.0004 25000 09/02/04 13:45:20 0.0004 0.0004 0.0004 25000 09/02/04 13:45:21 0.0004 0.0004 0.0004 110718997 09/02/04 13:45:40 0.0004 0.0004 0.0004 -110693997 09/02/04 13:45:55 0.0004 0.0004 0.0004 25000 09/02/04 13:51:05 0.0004 0.0004 0.0004 637250 09/02/04 13:51:20 0.0004 0.0004 0.0004 637250 09/02/04 13:51:34 0.0004 0.0004 0.0004 109894497 09/02/04 13:51:48 0.0004 0.0004 0.0004 2049000 09/02/04 13:52:02 0.0004 0.0004 0.0004 1000000 09/02/04 13:57:58 0.0004 0.0004 0.0004 2400000 09/02/04 13:58:14 0.0004 0.0004 0.0004 2400000 09/02/04 13:59:01 0.0004 0.0004 0.0004 2000000 IP: Logged |
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osubucks30 Member |
Ucad paid 3 million for 2% interest! Plus has a one year option to purchase 10% more for 15 million! Source ht tp://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C07%5C28%5C40513470.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=UCAD So actually when you do the math the company has a value of 150 million! Now a company is going to purchase 5% of the claims for $10 miilion plus a bunch of worthless stock! Plus where did this company get the money to purchase the rights. 10 million is alot of cash for a company with no history of revenue!! After the 200 billion shares get diluted on the market you will have another .0001 stock to BUY!! [This message has been edited by osubucks30 (edited September 02, 2004).] IP: Logged |
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rde3 Member |
I wish this was my board...... I would delete people such as you OSU IP: Logged |
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dwman Member |
quote: LOL... Some folks here are going to make $10 million on this stock. IP: Logged |
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rde3 Member |
osu, did you forget about a company called CITIBANK ? IP: Logged |
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prdponce Member |
from another board something to look at
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osubucks30 Member |
JUST MY TAKE ON THE SITIUATION!! I think the sec should investigate all of these deals! Now cmkx works with UCAD, SGGM, and GEMM! Looks to me like they issue PR's announcing dividends of these wothless companies just to keep the price from going back to .0001 so they can dump the rest of the shares on the market for a better price! When all said and done shareholders of cmkx will have stock in 3 or 4 different companies with TRILLIONS of shares between them IP: Logged |
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rde3 Member |
I expect there to be another PR tomorrow JMO IP: Logged |
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prdponce Member |
quote: EKATI MINERALS DIAMOND JOINT VENTURED BETWEEN BHP DIAMONDS INC. (51%), DIA MET MINERALS (29%), AND GEOLOGISTS, CHARLES E. FIPKE (10%) AND S T E W A R T L. B L U S S O N (10%) . WASN'T THIS AIRED ON THE DISCOVERY CHANNEL NOT TO LONG AGO. THIS BLUSSON GUY IS VERY WEALTHY AND WANTS A PIECE OF CMKX ACTION. IP: Logged |
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dwman Member |
quote:
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glassman Member |
is this guy good at SHARING the wealth???? IP: Logged |
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bill1352 Member |
this does have a few weird pieces to it. this is from the post a 1/2 a page up. notice nothing from 1993 till the day after we increased or a/s to 800 billion and then it says it has $950 billion in capitol. a pink sheet stock with $950 billion? nothing for 11 yrs? and it has a a/s of 950 billion shares. well at least there is one company out there with a high a/s then cmkx..lol
Stock Information: Par Value: $ 0.001 File Date: 7/23/2004 File Date: 7/19/2004 File Date: 7/30/1993 [This message has been edited by bill1352 (edited September 02, 2004).] IP: Logged |
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bill1352 Member |
this is from ameritrade's profile of sggm SGGM St George Metals Inc (OTHER OTC) 9/2/2004 3:53:18 PM ET IP: Logged |
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bill1352 Member |
ameritrade might have to update the profile a bit...lol IP: Logged |
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dwman Member |
You don't get much more of a shell than that. IP: Logged |
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rde3 Member |
Can you people imagine when CMKX hits the news? It will have to be seen by someone. IP: Logged |
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dwman Member |
quote: LOL... rde3 gets my vote for post of the day. If you let them know you are a millionaire, you'll be seen by lots of people. All of them will have a diamond mine they want to sell you. : IP: Logged |
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bill1352 Member |
now if i was a basher looking at the stuff just filed by sggm and seeing 950 billion a/s i'd have to say it sure looks like one of UC's buddies but with the one guy looking like he is part of the real canadian diamond finds & working mines further north it wouldn't add up IP: Logged |
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tradingpennys Member |
Here's some links for ST GEORGE METALS INC ________________________ St. George Metals, Inc. St. George Metals, Inc.. The Company has no continuing on-going business activities. The Company's financial resources have been substantially exhausted and the management does not know of any additional financing available. The Company has liquidated substantially all its assets and paid off its trade creditors to the extent possible in a continuing effort to wind up its business. http://www.business.com/directory/retail_and_consumer_services/st_george_metals,_inc/profile/ --------------- McCLELLAND LABORATORIES, INC. ------------------ Status of Companies Required to Comply with Eligibility Rule on April 6 ----------------- U.S. GEOLOGICAL SURVEY--MINERALS INFORMATION
EXISTING & PERMITTED MINE PLANS http://www.nv.blm.gov/minerals/Mining/Charts/Permitted_Mine_Plans.htm IP: Logged |
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VNGNTN1 Member |
JUST GOT IN where is SGGM getting $10m in 30 days? VAN IP: Logged |
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tic_toc Member |
Good question. my take is that someone with very deep pockets (Blusson et all?) is simply using SGGM as a shell to grab a piece of the CMKX pie. Why they feel the need to create an A/S of 950 Billion to do this is beyond comprehension. They even stole the world record for the largest A/S in history from CMKX. Interesting development. [This message has been edited by tic_toc (edited September 02, 2004).] IP: Logged |
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dwman Member |
Perhaps huge a/s values is the wave of the future...just like the national debt...only a psychological effect. lol IP: Logged |
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tradingpennys Member |
EXCELLENT ARTICLE !!!!! Alot of eye opening info here .... Please read! -------------------- TheStreet.com: Made for Each Other: Wall Street Sleaze and Anthony Robbins Commentary : Eye to the Keyhole IP: Logged |
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noahltl New Member |
There's obviously a play going on with SGGM. I got in early this morning on news, and had a good run up. Should've gotten out at .12 I guess, but I want to see how this plays out. IP: Logged |
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Debbie Member |
read my horoscope today .... said i was coming into money in or around dec. so things are gonna happen then. To bad i dont really take stock in horoscopes. . IP: Logged |
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noahltl New Member |
-------------------------------------------------------------------------------- http://www.thegreenbaron.com/Latest%20Update.htm “Let’s Get Ready to Rumble” Yesterday The Green Baron Report released its most positive and aggressive short- term outlook on CMKM Diamonds, Inc. (CMKX). The article stated that we have “never felt as strongly about the company’s future as we do today”, and “we are within weeks of a move substantially higher in CMKX stock”. We went on to say, “We continue to believe that CMKM Diamonds has mineral rights to perhaps the most valuable property in the world, and the company may be close to revealing just how valuable it really is.” The next thing we know, CMKM Diamonds drops a press release this morning that helps define just how valuable the company may be. On September 2, 2004 CMKM Diamonds Inc. announced that the company has finalized a joint venture agreement where St. George Metals, Inc. (Pink Sheets: SGGM) will purchase a 5% unencumbered and absolute interest in any and all mineral claims held by CMKM Diamonds, Inc. in consideration of $10,000,000 US Dollars and two hundred billion (200,000,000,000) restricted shares of SGGM. The company has received a $2,500,000 payment with three additional payments of $2,500,000 anticipated within the next 30 days. The Green Baron Report views the cash contribution as vitally important and substantial at this point in time. CMKM Diamonds has already received $3 million from US Canadian Minerals at the end of July, and it is possible that CMKM will receive another $12 million if UCAD executes the options on its agreement. Together with the $10 million coming from SGGM, CMKM Diamonds is looking at potentially an influx of $22 million in cash in the near-term. We view these commitments of cash as a tremendous vote of confidence in the value of CMKM Diamonds’ mining rights. The Green Baron Report believes that CMKM Diamonds is on the verge of releasing core drilling samples and mining data that will shock the world. The valuation of even one large dimondiferous kimberlite pipe could send CMKX stock significantly higher. Gold and other precious minerals on claims held by CMKM Diamonds and its partners are likely to increase valuation further. Today SGGM stock rallied from .01 per share to trade as high as .12 per share. We uncovered that SGGM has 950 billion authorized shares, and it is likely that almost all of its shares are restricted. Since CMKM Diamonds is receiving 200 billion shares of restricted SGGM stock, the valuation with SGGM stock at about .05 per share is astounding. We believe it is too early to extrapolate hard valuation numbers based on this price, but we do believe it clearly indicates that CMKX’s current trading price is grossly undervalued. Just for fun though, if SGGM stock were to remain at today’s closing price of .066 per share, CMKM’s position in SGGM would be worth $13.2 billion. We’ll let you play with the math from here, but remember this deal is only for 5% of CMKM’s mineral rights, and the maximum number of shares in CMKX is 800 billion (but likely much lower). Based on recent public releases, it appears likely that CMKM Diamonds, Inc. will reward its shareholders soon with yet another stock dividend in SGGM. Although there is no guarantee this will happen, the announcement today clearly indicates to us that CMKX stock is on the verge of a dramatic break out to the upside. The Green Baron Report will patiently await mining results from the company that we think will support our belief that CMKM Diamonds is The Stock Play of a Lifetime. IP: Logged |
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